Date
Details
Price
Change
Source
2/10/2026
Listed
$249,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/16
$249,900 Just Listed
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Property Description
Prime RM1 Development Site - Outstanding opportunity to develop a vacant, build-ready parcel in an amazing, high-demand location. The property is zoned RM1 and offers a major head start with approximately $20,000 in permit intake fees already paid.The City has approved a 9-unit townhouse-style condominium project, currently designed with spacious 4-bedroom, 3.5-bath layouts-ideal for today's buyer or rental market. There is flexibility to reconfigure to smaller units, with the option to pursue a Type 3 development for increased density, subject to additional City approval.An excellent opportunity for builders and developers seeking a well-located multifamily site with approvals in place, reduced pre-development costs, and upside potential through alternative unit configurations.
Full Property Details
Full Property Details for 2408 SE 139th Ave
General
- Price: $249,900
- Taxes: $1,498 (2025)
- Status: Active
- Type: Multi-Family
- Source: RWMLS
- MLS ID: 231612732
- Updated: 2/10/2026
- Added to Site: 6 day(s) ago
Rental Information
- Availability: Sale
Location
- County: Multnomah
- Driving Directions: Use GPS
School Information
- Elementary School: Lincoln Park
- Middle School: Ron Russell
- High School: David Douglas
Community
- Community Name: 143 - Portland Southeast
Utilities
- Cable Available: Yes
- Utility Description: Cable Available, Electricity Available, Natural Gas Available, Public Sewer, Water Available
Structural Information
- Property Detached: Yes
- Current Bldg. Use: Other
Lot Features
- Lot Size (Acres): 0.36
- Lot Size (Sq. Ft.): 15,681
- Lot Size: 15, 000 to 19, 999 SqFt
- Frontage: Paved
- Lot Features: Flag Lot, Trees
Financial Considerations
- Tax Amount: $1,498.95
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Legal Description: HOOD ACRES & PLAT 2 & 3, BLOCK 10, LOT 15 EXC NLY 53' OF WLY 105'
- Disclosures/Reports: Disclosure
- Property ID: R183888
Listed by Cascade Hasson Sotheby's International Realty (503) 335-9898, Mary Nguyen (971) 249-2553
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Listing agent
— 2408 SE 139th Ave —
Mary Nguyen
Cascade Hasson Sotheby's International Realty
503-335-9898
NMLS#: 1598647
Get Pre-Approved Today
Get a Great Insurance Rate
Schools
Schools serving 2408 SE 139th Ave
School District:David Douglas School District 40
| Name | Grades | Distance |
|---|---|---|
Lincoln Park Elementary School 13200 Southeast Lincoln Street, Portland, OR 97233 | PK-5 | 0.3 mi |
Ron Russell Middle School 3955 Southeast 112th Avenue, Portland, OR 97266 | 6-8 | 1.6 mi |
David Douglas High School 1001 Southeast 135th Avenue, Portland, OR 97233 | 9-12 | 0.8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2408 SE 139th Ave
Estimate the Cost
Estimate the Cost for 2408 SE 139th Ave
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- Townhouse
- Active
- Updated 1 day ago
- 2Beds
- 2Total Baths
- 1,381Sq. Ft.
Listed by Premiere Property Group, LLC, Noah Culver and Premiere Property Group, LLC, Lindsey Culver
- Manufactured Home
- Active
- Updated 2 days ago
- 3Beds
- 2Total Baths
- 1,080Sq. Ft.
Listed by McKenzie-Baker Properties, Marjorie Baker
- Single Family
- Active
- Updated 2 days ago
- 4Beds
- 2Total Baths
- 2,884Sq. Ft.
Listed by Harcourts Real Estate Network Group, John McClung and Harcourts Real Estate Network Group, Shannon Mesritz
- Single Family
- Active
- Updated 21 hours ago
- 4Beds
- 2Total Baths
- 2,135Sq. Ft.
Listed by John L. Scott, Kirt Dye
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- Single Family
- Active
- Updated 5 days ago
- 3Beds
- 2Total Baths
- 1,816Sq. Ft.
Listed by Real Estate Performance Group, Chase D'Ambrosio
- Single Family
- Active
- Updated 5 days ago
- 3Beds
- 2Total Baths
- 2,312Sq. Ft.
Listed by Realty First, Jeanette Johnston and Realty First, Troy Johnston
- Single Family
- Active
- Updated 2 days ago
- 5Beds
- 3Total Baths
- 3,608Sq. Ft.
Listed by Congress Realty, Jared English
- Single Family
- Active
- Updated 2 days ago
- 4Beds
- 2Total Baths
- 1,964Sq. Ft.
Listed by Elite Realty & Associates LLC, Connie Brockway
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- Townhouse
- Sold
- Updated 4 days ago
- 2Beds
- 1Total Bath
- 1,037Sq. Ft.
Listed by Premiere Property Group, LLC, Dag Mavrolas and Premiere Property Group, LLC, Jon Neufeld
Sold by Keller Williams Realty Portland Elite, Amy Franzen
Sold by Keller Williams Realty Portland Elite, Amy Franzen
- Townhouse
- Sold
- 3Beds
- 2Total Baths
- 1,253Sq. Ft.
Listed by MORE Realty, Brenda Brunner
Sold by Keller Williams Realty Portland Elite, Amanda Boden
Sold by Keller Williams Realty Portland Elite, Amanda Boden
- Condo / Townhouse
- Sold
- 2Beds
- 1Total Bath
- 1,246Sq. Ft.
Listed by Front Door Realty, Julie Baldino
Sold by Knipe Realty ERA Powered, Leif Bullock
Sold by Knipe Realty ERA Powered, Leif Bullock
- Townhouse
- Closed
- 2Beds
- 2Total Baths
- 1,246Sq. Ft.
Listed by Julie Baldino | Front Door Realty
Sold by Non Member ZDefault | ZNonMember-Office-MLS
Sold by Non Member ZDefault | ZNonMember-Office-MLS
2408 SE 139th Ave, Portland, OR 97233 (MLS# 231612732) is a Multi-Family property with a lot size of 0.36 acres. 2408 SE 139th Ave is currently listed for $249,900 and was received on February 10, 2026. Want to learn more about 2408 SE 139th Ave? Do you have questions about finding other Multi-Family real estate for sale in Eastmoreland? You can browse all Eastmoreland real estate or contact a Coldwell Banker agent to request more information.